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Yearly pivots point the way: bottom is either 7500 or 3100
BTCUSD
, 1W
BTCUSD: Yearly pivots point the way: bottom is either 7500 or 3100
Updated 

Yearly pivot bounce. Will need to break up from triangle to avoid next yearly pivot @3100. White support lines represent monthly pivots for month of February.

Make or Break: pitchfork vs. 50% fib
BTCUSD
, 240
BTCUSD: Make or Break: pitchfork vs. 50% fib
Updated 

Bitcoin is retracing to the 50% fib line at break-neck pace, and has the potential to break through the 12800 level to new ATHs. Tone Vays daily 9 occurring tomorrowish (Wed & Thurs.) so look for 1-3 days of decision. I'm betting on more down, simply because futures don't close until mid-March, but if we can hold above 12800 for 3 days I'll be bullish as ever. A...

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